My lender no longer offers the products I need

[Bruno Nunes]

Hello my fellow BP community,

Ive been waiting for several months for a short sale approval to purchase an off market 3 unit investment property  that is priced significantly under market value. I had a couple lenders waiting in the wings that had pre approved me for a stated income product, due to low earnings reported on previous years tax returns this was the only option for me at the moment. Now that this pandemic struck all my lenders are phasing out all these creative products that Ive used previously including my commercial line of credit that I had available. Just this week that short sale approval finally came in an as I was ready to apply for the loan which needed that approval Im left scrambling to find a new lender that will still offer the product I need. I wanted to know if there is any lenders that you've worked with that are currently still offering a stated income product for an investment property?